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Chapter Summary

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• Building a business, managing a business, and working in a business are three very different activities and it is important that you analyze which ones are most important to you before you start any business.

• The two ways to become a business owner are to build a business from scratch or to buy an existing business. Each has its own pros and cons.

• Calculating the discounted cash flows of each business option will ensure that you are properly comparing future cash flows with each other.

• The return on investment is the amount of funds available to the owners of a business after all the expenses have been paid.

Finance & Grow Your New Business

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